Client Responsibilities for
Chapter 7 Cases
1) PROOF OF INCOME FOR THE LAST 6 MONTHS
The bankruptcy law requires that we provide proof of all sources of income for the 6 months before you file your bankruptcy. This includes income from all sources, including, but not limited to the following items:
- Six months of Pay stubs
- Proof of Unemployment Income (If applicable)
- Proof of Social Security Income (If applicable)
- Proof of Child Support (If applicable)
- Proof of food stamps (If applicable)
- Proof of disability income (If applicable)
- If you are self employed, we need documentation of your income from all available sources and all other proof that you can supply, including profit and loss statements and other business records, bank deposits, etc. PER MONTH
2) TAX RETURNS FOR THE LAST TWO YEARS
We need a copy of your tax returns for the years 2013 and 2014. This is required in order for your case to be filed with the Court.
3) IF YOU OWN REAL ESTATE, THE FOLLOWING IS REQUIRED:
- Proof of your mortgage payments.
- Proof of the mortgage payoff – meaning, the amount of money you would have to pay the mortgage company to pay off your mortgage in full. This is required for each mortgage on your home or any other real estate that you own.
- Proof of the value of all real estate that you own. This includes timeshares, vacant land, and condos. The Court will require what is called a comparative market analysis.
- We need a copy of the deed for every property that you own.
4) BANK STATEMENTS:
The Chapter 7 Trustee requires all Bank Statements and Copies of cancelled checks for 90 days prior to filing of bankruptcy.
5) VEHICLE PAYOFF INFORMATION:
Car payoff information on all loans and leases.
6) CHILD SUPPORT/DOMESTIC SUPPORT OBLIGATIONS:
You must provide both the current contact information for the parent receiving either child support and/or alimony. Additionally, you will need to provide a case number if the payments are payable through probation.
If you do not have the parent’s current information due to an inability to have contact there is a statement you can sign under oath. Nevertheless, the county probation must receive notice.
CHILD SUPPORT IS NOT DISCHARGEABLE! YOU ARE REQUIRED TO CONTINUE TO MAKE PAYMENTS IN ORDER TO RECEIVE A DISCHARGE
341 MEETING OF CREDITORS
- I understand that I will have to go for a meeting at the office the Chapter 7 Trustee after the Trustee is assigned to my case.
- I understand that if I do not appear for a total of 2 scheduled 341 Meeting of Creditors, the Trustee may move to dismiss my case.
- I understand that any requested documents from my 341 Meeting of Creditors must be submitted 10 days after my scheduled 341 Meeting of Creditors.
SECURED PAYMENTS GOING FORWARD
- I understand that for my secured loans (mortgage, car loan, etc) up to the date of filing and that I am responsible to make any future payments on these secured creditors.
- In the event that I miss a required monthly payment such as a mortgage payment, car payment, rent payment or any other payments that I am normally required to make, I will immediately notify my attorney’s office so that they can be aware of what I am going on and advise me if there is anything that can be done to protect me from my creditors.
OBTAINING OR ADJUSTING CREDIT
I understand that if I want to buy or sell a house, refinance a home, buy or sell a car, or make any other major purchase or sale during my bankruptcy I will need court approval and I will notify my attorney’s office in this type of situation before I sign any agreements.